Showing posts with label black wednesday. Show all posts
Showing posts with label black wednesday. Show all posts

Sunday, 25 January 2009

The pot calling the kettle black


The interview in thois morning's Telegraph could be summed up as that anyway.

Former Tory chancellor Norman Lamont of Black Wednesday fame describes Gordon Brown as an an arsonist, posing as a firefighter.

This is Lamont's response to the latest governemnt attempts to stabilsize the economy and whilst I agree to a certain extent,its hardly wise words coming from a man whose hands are tainted with economic disaster.

According to Lamont


We are not going to return quickly to the world of "Goldilocks" – low inflation and fast growth. But the Goldilocks story was always a myth. Indeed, many fairy tales are sanitised versions, specially prepared for children, of old folk stories. In the nursery version, Goldilocks is chased away by the bears. In the original story, the bears ate Goldilocks. For far too long, we have been told stories meant for children and not faced up to the realities of our own situation.

Tuesday, 18 March 2008

Black Monday?



Something that annoys me about Gordon Brown is his constant referal to Black Wednesday when baiting David Cameron

Well,much of the political blogsphere is alive with the post by Open Europe which tells us

Gordon Brown returns again and again to Black Wednesday. He is always keen to remind people of Cameron’s role in that credibility-shredding day.
As of yesterday, he might want to stop banging on about it.
As of yesterday the pound has fallen by more since the Prime Minister took office than it did on black Wednesday.


Yes the pound has fallen 14% against the euro since Gordon Brown became Pm,( it fell 12% on Black Wednesday).Unfair comparison? Perhaps but let's hope that it stops the constant referals to an event that took place 15 years ago.